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Studio · 436 sqftDiamond Views 2, Jumeirah Village Circle (JVC) · 1st floor · completed 2009

118B, Diamond Views 2

Sold prices and rental history: sold once, by the developer in February 2018, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118B · DLD and Ejari recordsUpdated 23 February 2026
Last soldAED 302K1 February 2018
Current rentAED 43K /yr23 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118B, Diamond Views 2

What is 118B worth today?

Last sold for AED 301,718 in 2018

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23 Feb 2026RentedNew contract
AED 43,000/yr12 months · AED 97 per sqft
10 Jan 2025RentedNew contract
AED 40,000/yr12 months · AED 91 per sqft
1 Feb 2018Sold by developerReady
AED 301,718AED 691 per sqft

Source: Dubai Land Department. Updated 23 February 2026.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
1st of 4
Parking
B-08
Developer
Diamond Developers
Completed
2009
Service charge
AED 6,800 /yr
Last sold
AED 302K · February 2018
Building
Diamond Views 2

About 118B, Diamond Views 2

118B is a studio of 436 sqft on the 1st floor of Diamond Views 2, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2009 by Diamond Developers. The developer sold it on 1 February 2018 for AED 301,718, or AED 691 per sqft, 26% below the AED 929 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 23 February 2026, is AED 43,000 a year: a gross yield of 14.2% on the 2018 price, before the service charge of about AED 6,800 a year.

Sales and rents for 118B over time

Sales
Unit 118B, each saleTypical studio in Diamond Views 2
200K300K400K20102014201820222026Typical sale price by year: 2010 AED 321,704; 2011 AED 273,057; 2012 AED 291,943; 2013 AED 300,000; 2014 AED 420,000; 2015 AED 420,000; 2016 AED 300,000; 2017 AED 442,500; 2018 AED 339,265; 2021 AED 235,000; 2022 AED 272,500; 2023 AED 345,000; 2024 AED 400,000; 2025 AED 451,000Sold by developer, February 2018: AED 301,718 (AED 691 per sqft)

118B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 118B, each contractTypical studio in Diamond Views 2
20K30K40K2012201620202024Typical rent by year: 2012 AED 23,000; 2013 AED 26,700; 2014 AED 32,000; 2015 AED 40,221; 2016 AED 42,631; 2017 AED 40,000; 2018 AED 35,000; 2019 AED 28,500; 2020 AED 25,000; 2021 AED 22,000; 2022 AED 25,000; 2023 AED 30,000; 2024 AED 34,707; 2025 AED 40,000; 2026 AED 40,000New contract, January 2025: AED 40,000 a yearNew contract, February 2026: AED 43,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Diamond Views 2, and where 118B sits

All 84 studios →

118B last sold in February 2018 at AED 691 per sqft, 26% below what studios in Diamond Views 2 were fetching at the time (AED 929). Over the last 12 months studios sold for AED 390,000 to 500,000, around AED 1,070 per sqft, and rent for AED 25,000 to 66,000 a year. 118B's AED 43,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026390,000
14 Jul 2026472,000
9 Dec 2025500,000
14 Nov 2025450,000
4 studio sales in the last 12 months

Diamond Views 2

Building

191 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2009 by Diamond Developers. 8 sold in the last 12 months.

Typical price per sqft
AED 1,026
Typical sale
AED 575K
Typical rent
AED 50K /yr
Typical yield
8.0%
Diamond Views 2, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 191 units in Diamond Views 2
Value
101AStudioAED 350K · Nov 2015
101BStudioAED 460K · Oct 2025
102AStudioAED 500K · Dec 2025
102BStudioAED 316K · May 2013
103AStudioAED 265K · May 2013
103BStudioAED 322K · Jun 2010
104A1-bedAED 450K · Aug 2022
1–7 of 44

118B, Diamond Views 2 in numbers

  • Sold once: by Diamond Developers on 1 February 2018 for AED 301,718, or AED 691 per sqft.
  • Rented since January 2025 on 2 Ejari contracts, from AED 40,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2018 price is 14.2%, before a service charge of about AED 6,800 a year (AED 15.51 per sqft).
  • Studios in Diamond Views 2 sold for AED 390,000–500,000 in the 12 months to November 2026; the building's median across all types is AED 1,026 per sqft.

Source: Dubai Land Department. Updated 23 February 2026.

Questions about 118B, Diamond Views 2

What did unit 118B last sell for?

AED 301,718 on 1 February 2018, sold by the developer: AED 691 per sqft for 436 sqft. It is the only registered sale of the unit.

What is the rent for unit 118B?

AED 43,000 a year on the contract signed on 23 February 2026. The previous contract, from January 2025, was AED 40,000.

How big is unit 118B?

436 sqft (40.5 sqm): a studio on the 1st floor of a 4-storey tower completed in 2009.

What is unit 118B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Diamond Views 2 sold for AED 390,000 to 500,000 in the last 12 months, around AED 1,070 per sqft.

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Mortgage on 118B, Diamond Views 2

Starts from the last sale price (AED 302K, 1 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 301,718
Deposit, UAE resident (20%)
AED 60,344
Deposit, non-resident (40%)
AED 120,687
Monthly over 25 years at 3.7%
AED 1,234

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →